Andrews Sykes Group (LON:ASY) Stock Falls 1.7% – Here’s Why

Andrews Sykes Group plc (LON:ASY) fell 1.7% during mid-day trading on Wednesday. The stock traded as low as GBX 511 and last traded at GBX 511. Approximately 1,577 shares changed hands during trading, a decline of 30% from the average daily volume of 2,252 shares. The stock had previously closed at GBX 520.

Andrews Sykes Group Trading Down 1.7%

The company’s fifty day moving average is GBX 561.97 and its 200-day moving average is GBX 540.60. The company has a current ratio of 2.74, a quick ratio of 3.08 and a debt-to-equity ratio of 23.45. The firm has a market capitalization of £213.90 million, a P/E ratio of 11.88 and a beta of 0.30.

Andrews Sykes Group (LON:ASY) last posted its earnings results on Wednesday, September 23rd. The company reported GBX 17.60 earnings per share (EPS) for the quarter. Andrews Sykes Group had a net margin of 22.68% and a return on equity of 33.18%.

Andrews Sykes Group Company Profile

Andrews Sykes Group plc, an investment holding company, engages in the hire, sale, and installation of environmental control equipment in the United Kingdom, rest of Europe, the Middle East, Africa, and internationally. The company operates through Hire and Sales UK, Hire and Sales Europe, Hire and Sales Middle East, and Installation and Maintenance segments. It offers air conditioning products, such as exhaust tube and split type air conditioners, evaporative coolers, cooling fans, portable humidifiers, and high-performance air conditioners, as well as maintenance contacts; and pumps comprising general purpose, silenced range, high performance, bentonite, submersible drainage and wastewater, submersible sludge, hydraulic submersible, air pumps, hoses and accessories, and environmental equipment.